InterGlobe Aviation financial indicator trend analysis is infinitely more than just investigating InterGlobe Aviation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterGlobe Aviation is a good investment. Please check the relationship between InterGlobe Aviation Short Term Investments and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterGlobe Aviation Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Short Term Investments vs Short Term Debt
Short Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterGlobe Aviation Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between InterGlobe Aviation's Short Term Investments and Short Term Debt is 0.77. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of InterGlobe Aviation Limited, assuming nothing else is changed. The correlation between historical values of InterGlobe Aviation's Short Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of InterGlobe Aviation Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Term Investments i.e., InterGlobe Aviation's Short Term Investments and Short Term Debt go up and down completely randomly.
Short Term Investments is an item under the current assets section of InterGlobe Aviation balance sheet. It contains any investments InterGlobe Aviation Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that InterGlobe Aviation can easily liquidate in the marketplace.
Short Term Debt
Most indicators from InterGlobe Aviation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterGlobe Aviation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterGlobe Aviation Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in InterGlobe Stock
Balance Sheet is a snapshot of the financial position of InterGlobe Aviation at a specified time, usually calculated after every quarter, six months, or one year. InterGlobe Aviation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of InterGlobe Aviation and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which InterGlobe currently owns. An asset can also be divided into two categories, current and non-current.